Orion Capital Partners Acquires Mixed-Use Property in Miami for $58 Million

by Hayden Spiess

Miami — Dadeland Greenery LP, an entity sponsored by Orion Capital Partners, has purchased a mixed-use project in Miami for $58 million, with the price subject to the assumption of an existing $39 million mortgage. The property, known as both Greenery Mall and Dadeland Square, features 129,585 square feet situated on an 8.4-acre site, including ground-floor retail space attached to an eight-story, 84,913-square-foot office building. Retail tenants at the property include T.J. Maxx, HomeGoods, Guitar Center, JoAnn Fabric, Mattress Firm, Starbucks Coffee, Don Pan, The UPS Store and Jamba Juice.

An entity doing business as Cofe ZM Dadeland LLC was the seller. Orion Real Estate Group will manage the property and lease the retail space in cooperation with other brokers and tenant representatives. Danny Finkle, Eric Williams, Jorge Portela, Ike Ojala and Kim Flores of JLL represented the seller in the transaction. John Crotty and Michael Fay of Avison Young’s Miami office consulted with both parties.

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